Scorpio Gold Corporation provided production and capital expenditure guidance for 2013. With the new plant coming online in 2013, the estimated average throughput for the year will increase to approximately 2,700 tons per day. Gold production for 2013 at the Mineral Ridge operation is forecast at 32,000 to 35,000 ounces at a total cash cost of $800 to $900 per ounce of gold sold.

The following key parameters form the basis for the 2013 production forecast and operating cost estimate: throughput: 2,700 short tons (2,450 metric tonnes) per day; average grade: 0.057 ounces per short ton (1.95 grams per tonne) gold; and waste to ore ratio of Mary and Drinkwater pits combined: 4.37 to 1. The 2013 capital and development cost budget is $6.5 million.